Sukanya PPFs’ interest to remain unchanged in Q1 FY27:Currently, small savings schemes carry highest RoI of up to 8.2%

The government has not made any changes to the interest rates of small savings schemes like Public Provident Fund (PPF), Post Office FD, Sukanya Samriddhi Yojana (SSY), and National Savings Certificate (NSC) for the April-June (Q1FY27) quarter. This is the 9th consecutive quarter where interest rates will remain unchanged. The government last increased interest rates in December 2023. 7.1% RoI on PPF Public Provident Fund (PPF) will continue to earn 7.1% interest and Sukanya Samriddhi Yojana will earn 8.2% interest. Interest rates on small savings schemes range between 4% to 8.2%. Before deciding on interest rates for small savings schemes, the government also monitors the cash and inflation situation in the country. These rates are reviewed every three months. Interest rates are reviewed every quarter Interest rates of small savings schemes are reviewed every quarter. The formula for determining their interest rates was given by the Shyamala Gopinath Committee. The committee had earlier suggested that interest rates on these schemes should be 0.25-1.00% higher than the yield on government bonds of similar maturity. These schemes are a major source of household savings Small savings schemes are a major source of household savings in India. Depositors receive fixed interest on their money in these schemes. Collections from all small savings schemes are deposited in the National Small Savings Fund (NSSF). Classification Small Savings Instruments can be divided into three parts: